Amid growing uncertainties surrounding China’s AI landscape, recent developments have sent shockwaves through the startup ecosystem. Manus, the well-regarded AI agent startup, is reportedly pulling out of the Chinese market. Simultaneously, DeepSeek R2, which boasts a trillion-parameter large language model, is grappling with a significant GPU shortage.
In the midst of these challenges, optimism was reignited when Nvidia CEO Jensen Huang made a notable appearance at the China International Supply Chain Expo in Beijing. During the event, he announced the lifting of export restrictions on the H20 chip, specifically designed for the Chinese market, providing a much-needed boost to AI startups in the region.
